ProShares Bitcoin Valuation
| BITO Etf | USD 12.34 0.04 0.32% |
At this time, the etf appears to be overvalued. ProShares Bitcoin holds a recent Real Value of $11.17 per share. The prevailing price of the etf is $12.34. Our model determines the value of ProShares Bitcoin from analyzing the etf fundamentals such as equity positions weight of 61.51 %, and Total Asset of 614.68 M as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that ProShares Bitcoin's price fluctuation is not too volatile at this time. Calculation of the real value of ProShares Bitcoin is based on 3 months time horizon. Increasing ProShares Bitcoin's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since ProShares Bitcoin is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ProShares Etf. However, ProShares Bitcoin's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 12.34 | Real 11.17 | Hype 12.34 | Naive 11.88 |
The intrinsic value of ProShares Bitcoin's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence ProShares Bitcoin's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of ProShares Bitcoin Strategy helps investors to forecast how ProShares etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of ProShares Bitcoin more accurately as focusing exclusively on ProShares Bitcoin's fundamentals will not take into account other important factors: About ProShares Bitcoin Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of ProShares Bitcoin Strategy. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of ProShares Bitcoin based exclusively on its fundamental and basic technical indicators. By analyzing ProShares Bitcoin's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of ProShares Bitcoin's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of ProShares Bitcoin. We calculate exposure to ProShares Bitcoin's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ProShares Bitcoin's related companies. When determining whether ProShares Bitcoin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares Bitcoin's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Proshares Bitcoin Strategy Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Bitcoin Strategy Etf:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ProShares Bitcoin Strategy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of ProShares Bitcoin is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is ProShares Bitcoin's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because ProShares Bitcoin's market value can be influenced by many factors that don't directly affect ProShares Bitcoin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between ProShares Bitcoin's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding ProShares Bitcoin should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, ProShares Bitcoin's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.